Business & Economics
Japan Green-Lights ¥9 trn FY-2026 Defense Budget, Hitting 2 % GDP Target Two Years Early
On 26 Dec 2025, Prime Minister Sanae Takaichi’s cabinet approved a record ¥9+ trillion ($58 bn) defense allocation for FY-2026, accelerating Japan’s plan to double military spending to 2 % of GDP by March 2026 instead of 2028.